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Datacenter Network Consulting and Integration Service Market - Significance, Market Overview, and Worldwide Market Outlook
The global datacenter network consulting and integration service market is likely to flourish in the near future due to steady growth of crucial end use verticals and the rising complexity required in data center network design. Datacenter network consulting and integration services have become ever more important for the data center sector in recent years due to the rising complexity in network design in data centers and the rapid ongoing evolution of several key end use sectors, which has led to rising demand for network enhancements.According to Transparency Market Research, the global datacenter network consulting and integration services market was valued at US$2.2 bn in 2017. Exhibiting a strong 7.9% CAGR over the 2017-2022 forecast period, the market is likely to rise to a value of US$3.2 bn.
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Rising demand from end use sectors such as BFSI and the government sector is likely to drive the global datacenter network consulting and integration service market in the coming years. The BFSI sector has emerged as a key player in the datacenter sector in recent years due to the rising adoption of digital information storage systems in the sector. The sector also shows strong promise of further demand from the datacenter network consulting and integration service market due to widespread popularity of digital customer outreach mechanisms, which necessitate rising use of data center services and rising complexity in data center network design. Security issues concerning the role of data centers in the sensitive BFSI sector could also aid the growth of the global datacenter network consulting and integration service market in the coming years.
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Network design is likely to remain the dominant consulting service in the global datacenter network consulting and integration service market in the coming years due to the rising need for diverse network designs in data centers to suit various applications. The rising diversity of end users of data centers is likely to ensure stable dominance of the network design segment in the global datacenter network consulting and integration service market in the coming years, as various end use verticals require different network designs in data centers. The network design segment is expected to exhibit a robust 9.9% CAGR over the 2017-2022 forecast period, rising from a valuation of US$581.1 mn to US$929.6 mn.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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